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https://www.reuters.com/technology/foreigners-needed-fill-singapore-tech-jobs-crunch-says-central-banker-2021-05-04/ See la u all chao sinkie one day don't pwn sinkie cannot sleep one. Keep asking to close flood gate u know how it hurts economic not? See this brilliant guy at MAS say his wise words liao, u all better stop asking to ban foreign talent we need ft from CECAland ok????!!!!! https://www.mas.gov.sg/who-we-are/Management-Team

This is actually an important message for me but FYI to all of you

Quality journalism? Lol

So no one believes in their shit anymore, to survive, they turn NPC to continue laundering money without accountability. Not a bad move.

Tink have... The counter ppl r paid peanut dust so can't sexpect them to do good.... Need up their pay

doesnt anyone ask this question, why SG is so determine to throw money and open leg to ceca???? Are the1.3B cecas really pinky caliber? Is the 3rd world really so much potential? Why Stinktel loosing money there?

No not scared but its a pain trying to do it on iphone 6

business time need pay subscription

Have group check in I use with my hubby all the time. Depends on the person. Some malls quite ok the person very alert when on duty and will ask to show pass to read properly.

Temasek standard, nothing to see here, no blame culture.

Should add songbo to the gif

Woke up early and made myself a nice meal Cooking it Ready to eat Full breakfast (going to last me till dinner) Steamed egg custard Stir fry pakchoy with prawns and garlic Black pomfret

Its not their money that they are burning! So they dont need to think! When it comes to spending your own money......! its a different story! You can see how ugly they become! Remember this guy

SPH to restructure media business into not-for-profit entity SINGAPORE - Singapore Press Holdings (SPH) intends to transfer its media business to a not-for-profit company after concluding a strategic review of its various businesses. Announcing the move on Thursday (May 6), SPH chairman Lee Boon Yang said the transfer will enable the media business to focus on quality journalism and invest in talent and new technology to strengthen its digital capabilities. The restructuring entails transferring all the media-related businesses including relevant subsidiaries, employees, News Centre and Print Centre along with their respective leaseholds, all related intellectual property and information technology assets to a newly incorporated wholly-owned subsidiary, SPH Media Holdings Pte Ltd ("SPH Media"). SPH will provide the initial resources and funding by capitalising SPH Media with a cash injection of $80 million, $30 million worth of SPH shares and SPH REIT units, and SPH's stakes in four of its digital media investments. Under the restructuring proposal, SPH Media will eventually be transferred to a not-for-profit entity for a nominal sum. This will be a newly formed public company limited by guarantee, or CLG. More information on the CLG will be announced in due course, said SPH in a press statement on Thursday. Credit Suisse (Singapore) is the appointed financial adviser for the review. Tackling unprecedented industry disruption The move is the most major restructuring in the industry since 1984, when SPH was formed through a merger of three organisations - the Straits Times Press group, the Singapore News and Publications Limited and Times Publishing Berhad. That merger consolidated the flagship newspapers in different languages under one roof. Explaining the rationale for the move, SPH said the media industry has faced "unprecedented disruption" in recent years, with SPH's operating revenue halving in the past five years largely due to a decline in print advertising and print subscription revenue. SPH's media business recorded its first-ever loss of $11.4 million for the financial year which ended August 31, 2020. "If not for the Jobs Support Scheme, the loss would have been a deeper $39.5 million," it said. Even with the resumption of activities after the circuit breaker last year, the decline in advertising revenue is expected to continue at a similar pace to the last five years. SPH chairman Lee Boon Yang said the transfer will enable the media business to focus on quality journalism and invest in talent and new technology to strengthen its digital capabilities. ST PHOTO: GAVIN FOO Due to digital transformation efforts, SPH's average monthly unique audience across all its titles over the past two years has nearly doubled to a record 28 million, and digital circulation has surpassed print circulation. But digital subscriptions and digital advertising have been unable to offset the decline in print advertising and print circulation revenues. "As a result, the losses of the media business are likely to continue and widen," it said. It added that with the critical function that the media business plays in providing quality news and information to the public, particularly in the vernacular languages, winding up the media business or selling it off are not feasible options. "However, remaining part of a publicly listed company where it is subject to expectations from shareholders of profitability and regular dividends is no longer a sustainable business model. "Hence, a not-for-profit structure that allows SPH Media to seek funding from a range of public and private sources with a shared interest in supporting quality journalism and credible information is the optimal solution." It said that it had approached the Ministry of Communications and Information with a restructuring proposal to put the media business on a long-term sustainable financial footing. While such a model may be "unfamiliar" in Singapore, SPH noted that many news organisations overseas operate under similar funding structures, including the Guardian in Britain which is controlled by the Scott Trust; and the Tampa Bay Times in the US which is owned by the non-profit Poynter Institute. Dr Lee said the fundamental issue that needs to be addressed is the long term viability of SPH Media in its present structure, subjected to market pressures. "SPH shareholders are not likely to tolerate the continued negative impact that the media business has on the company's financial prospects. On the other hand, we cannot allow a functioning, trusted and respected media organisation to be whittled down over time by market pressure and commercial constraints." "In the context of Singapore's multi-racial society, SPH serves a crucial function by providing news and information in vernacular languages to serve Singapore's diverse ethnic communities." Considering these important roles, he said, winding up or selling off the media business are not options for the group, as it will affect access to quality news and undermine media diversity and competition in Singapore. Both options would also require regulatory approval. SPH had called for a halt in the trading of its shares at 7.37am on Thursday morning before the stock market opened. Shares of SPH, which publishes The Straits Times, closed down two cents or 1.1 per cent at $1.79 on Wednesday. SPH had posted a net profit of $97.9 million for the first half of the financial year that ended on Feb 28 - 26.1 per cent rise. The company remains operationally profitable at $119.8 million. The media segment posted a profit of $3.1 million, down 70.9 per cent year on year. Excluding grants from the Jobs Support Scheme, it recognised a pre-tax loss of $9.7 million. SPH's core business is in the publishing of newspapers, magazines and books, in both print and digital editions. The company also owns about 66 per cent in SPH Reit. SPH owns and operates The Seletar Mall, and is developing an integrated development consisting of The Woodleigh Residences and The Woodleigh Mall. In addition, it owns purpose-built student accommodation in Britain and Germany. The company also owns Orange Valley, one of Singapore's largest nursing homes, and has investments in motoring portal sgCarMart, job platform FastJobs, telco M1 and South Korean e-commerce giant Coupang. It had 3,875 employees in FY2020. https://www.straitstimes.com/singapore/sph-to-restructure-media-business-into-not-for-profit-entity

Pre VAR looks more clean... Biggest joke is your finger /kkj can also count as offside

I'm sure looking back he might have had a different definition of attracting (foreign) talent compared to the "talents" we have here now. lol

U forgot super lick

thats why Ah Gong says must have foreign talent, ok????? Ah Gong is always rite!!!!! Ah Gong and his scholars never wrong, ok???? so peasants all diam diam!!!! Ah Gong also like to self pawn himself.

The way they burn money, it scary Just like me, if I spend too much per month, I should review everything how to optimise as much as I can to control my spending Like I don't need the rainfall and shopping mall, or features wall it a waste of money

+ those are high risk ppl... Huai are they not isolated upon touch down? The operations personnel at very high risk

Sb61 dying to hv them cum in

Banking stock upside not much liao! Pharma too ex liao!

SIA got no choice leh! Already took SG money & spend 80% liao! They need to pay high class salaries!

Cgh is really terok...fug up service

Doesn't look like GS has a choice in the matter, minimum losses and make up for it in other businesses that GS will force boleh gov to give them lor

A video emerged online showing a security guard purportedly helping a group of schoolgirls to retrieve their mobile phone from a rubbish bin They were then seen laughing and filming the security guard, who was struggling but trying his best to retrieve the phone as the bin was too deep. https://singaporeuncensored.com/wp-content/uploads/2021/05/182408931_153076123438250_4888700451152592528_n.mp4

Omurice is well-loved for its dramatic flair — there’s nothing quite as enticing as watching a runny egg fall slowly onto a bed of fluffy white rice. Specialty restaurants selling the dish like OMU Japanese Omurice Restaurant have been popular in Singapore. But recently, its Northpoint City outlet ran into some hygiene problems. Source Found selling unclean food and with cockroaches on the premises, the eatery has been suspended by the Singapore Food Agency (SFA). Northpoint Omurice restaurant also had a cockroach infestation According to SFA, the OMU Japanese Omurice outlet at Northpoint City has received 12 demerit points over the past year. Half of the points accounted for the sale of unclean food, or food containing foreign matter. They also reportedly had a cockroach infestation at their premises. Source In view of this, SFA has suspended the restaurant for 2 weeks, until 17 May. They can only reopen on 18 May, pending the fulfilment of food safety requirements. Additionally, the restaurant will be issued a fine of $800 for their offences. Staff to be retrained Besides that, all food handlers working at the outlet will have to re-attend and pass the Food Safety Course before they can resume work. The restaurant’s food hygiene officers will also have to re-attend and pass the WSQ Conduct Food & Beverage Hygiene Audit course. This is to ensure that all staff are properly trained and qualified. SFA emphasises that they take such offences very seriously. The agency reminds all food operators to observe good food and personal hygiene practices as well as to engage only registered food handlers. They will not hesitate to take action against anyone found to have violated these rules. High standards of food hygiene is crucial Kudos to SFA for their continued maintenance and upkeep of hygiene standards at Singapore’s food establishments. After all, food hygiene is all the more crucial in today’s climate as we battle a global pandemic. If you come across any poor hygiene practices at food places in Singapore, you can report them via SFA’s online feedback form here or call SFA at 6805 2871.

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